Suburb Profile Report for Strathdale VIC (3550)

Strathdale House: Median price $420,000, Annual capital growth 4.37%, Number of sales 91, Weekly median advertised rent $320

Strathdale Unit: Median price $264,000, Annual capital growth 4.27%, Number of sales 13, Weekly median advertised rent $260

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Strathdale, 3550 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -0.24%.

Over the longer term, Strathdale has seen property prices show investors a 9.09% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Strathdale is $420000, with sellers offering an average of -6.08% off the asking price.

Residents and property investors in Strathdale have been waiting around 91.11 days to sell a property.

Situated 129.50km from the CBD, Strathdale is one of Greater Bendigo localities in the postcode 3550.

At number 917th in the list of Australian suburbs ordered by increase in median house value over the last year, Strathdale, 3550 is in the BOTTOM 50% with a property value increase of 2.72% recorded in median house prices.

If we look at median property appreciation over just the last three months, Strathdale has given property investors a paper return of 8.87%. This puts Suburb as 18 on a list of fastest fasting appreciating suburbs in VIC

LACK OF BUYER INTEREST may well be the reason that Strathdale is offering property investors an average of -4.87. This rate of discount on properties puts Suburb at number 231th in terms of most discounted suburbs in VIC

A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.12%, without taking into account capital value appreciation, which has been averaging out at 4.27%.

Metrics i HOUSE UNIT
$420,000 $264,000
0.00% 8.87%
-0.24% 2.72%
4.37% 4.27%
$320 $260
91 13
3.96% 5.12%
91.11 68.27

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Strathdale VIC
Demographics
Total population 5694
Median household income ($/weekly) 1145
Median age of persons 43
Median housing loan repayment ($/monthly) 1509
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 716 12.6
    35-44 years 642 11.3
    45-54 years 805 14.1
    55-64 years 828 14.5
    65-74 years 559 9.8
    Others 2145 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 2305 54.2
    Not Married 1646 38.7
    Defacto Relationship 298 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5038 91.7
    Papua New Guinea 28 0.5
    Thailand 23 0.4
    United Kingdom 149 2.7
    Other 64 1.2
    Others 193 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 0.9
    Christianity 3941 74.7
    Hinduism 12 0.2
    Islam 18 0.3
    No Religion 1249 23.7
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 221 11.2
    $600-$799 226 11.4
    $800-$999 219 11.1
    $1,000-$1,249 205 10.3
    $1,500-$1,999 259 13.1
    Others 851 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1751 39.0
    Employed, worked full-time 1466 32.7
    Employed, worked part-time 1003 22.4
    Employed, away from work 151 3.4
    Unemployed, looking for work 115 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 360 13.8
    Professionals 663 25.3
    Community & personal service workers 301 11.5
    Clerical & administrative workers 392 15.0
    Sales 287 11.0
    Others 615 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 69 5.0
    Infants/Primary 446 32.2
    Secondary 435 31.4
    Technical or Further Educational Institution 120 8.7
    University or other Tertiary Institutions 268 19.4
    Others 46 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4925 92.0
    Semi-detached, row or terrace house, townhouse 294 5.5
    Flat, unit or apartment 132 2.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 973 45.5
    Being purchased 612 28.6
    Rented 541 25.3
    Other tenure type 13 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals